Credit risk management.

CFR · 2024-01-01 · US · Title 12

(a) (1) The approval process associated with credit limits; (2) Due diligence analysis requirements; (3) Maximum credit limits with each obligor and transaction counterparty, (4) Concentrations of credit risk ( (b) (c) (2) (ii) Investments in credit card master trust asset-backed securities are limited to 50 percent of total capital in any single obligor; (iii) Aggregate investments in repurchase and securities lending agreements with any one counterparty are limited to 200 percent of total capital; (iv) Investments in non-money market registered investment companies are limited to 50 percent of total capital in any single obligor; (v) Investments in money market registered investment companies are limited to 100 percent of total capital in any single obligor; and (vi) Investments in CUSOs are subject to the limitations of section 11 of this part. (d) (i) Mortgage-backed securities (inclusive of commercial mortgage-backed securities)—the lower of 1000 percent of total capital or 50 percent of assets; (ii) Commercial mortgage-backed securities—the lower of 300 percent of total capital or 15 percent of assets; (iii) Federal Family Education Loan Program student loan asset-backed securities—the lower of 1000 percent of total capital or 50 percent of assets; (iv) Private student loan asset-backed securities—the lower of 500 percent of total capital or 25 percent of assets; (v) Auto loan/lease asset-backed securities—the lower of 500 percent of total capital or 25 percent of asset

official document · source cfr-2024 · id 12:§ 704.6